|Total Value Locked||24H|
|in ETH||13.4K ETH||-4.5%|
|in BTC||407 BTC||-3.9%|
|ETH Locked||3.2K ETH||-62 ETH|
|% Supply Locked||< 0.01%|
Loopring is a non-custodial order book-based exchange protocol built using zero-knowledge (zk) technology. Released in November 2019, Loopring V3 introduced a zkRollup DEX design utilizing off-chain relayers to allow high-throughput trading with low settlement costs secured by Ethereum. Loopring users deposit their assets on-chain into a zkRollup smart contract and trade off-chain via relayers. Users’ funds are never transferred; instead users submit trades and relayers store the data representing users’ accounts, balances, and trade history off-chain then commit changes on-chain by submitting a valid zk proof to the ZkRollup contract. Users are always able to withdraw their assets with the data available on-chain. Loopring Exchange, a zkRollup DEX built using v3, went live on the Ethereum mainnet in December 2019. Loopring Exchange charges 0% maker order fees and taker order fees between 0.3%-0.10% depending on the trading pair. DEXes pay fees to Loopring Protocol; however, LRC is not associated with protocol fees. Loopring Protocol’s native LRC token is an ERC-20 designed to ensure the economic security of exchanges and align stakeholder incentives. Loopring’s latest audit was conducted by SECBIT in November 2019.
Navigate to Loopring Exchange where you can register an account associated with your address. Once registered, you can deposit / withdraw assets and trade.